CoolMoneyOnlys

CoolMoneyOnlys is a social media phenomenon that originated on the microblogging platform, CoolBook. It refers to a cultural trend where individuals openly declare their lack of financial resources and limitations on their spending capabilities, often attributed to a carefree, low-cost lifestyle.

Active since 2010, CoolMoneyOnlys has grown in popularity, inspiring a community of like-minded individuals to share their frugal experiences and value budgeting as a way of life. This phenomenon emphasizes that thriftiness and simplicity can be cool and desirable rather than a necessary evil. Many participants use the hashtag #CoolMoneyOnlys on CoolBook to express their enthusiasm for living on a limited budget.

CoolMoneyOnlys adherents frequently showcase their resourceful spending habits, often involving creative repurposing of household items or making ends meet by finding second-hand or free alternatives. This mindset transcends frugality to emphasize the notion that living within one's means is not only a practical choice but also a reflection of personal values.

CoolMoneyOnlys also fosters a spirit of community among the CoolBook users, who share practical advice and inspire each other to conquer everyday challenges with minimal expenses. While the idea has parallels to broader economic movements like minimalism, simplicity, and environmentalism, CoolMoneyOnlys stands out for its lighthearted approach and its original use of digital platforms to discuss distinct economic habits.

The CoolMoneyOnlys movement offers an alternative to consumerism and shows that owning less is indeed more fun, democratic and artisanally true.